New Jersey Administrative Code
Title 5 - COMMUNITY AFFAIRS
Chapter 120 - URBAN ENTERPRISE ZONE AUTHORITY
Subchapter 3 - URBAN ENTERPRISE ZONE BOUNDARY AMENDMENTS
Section 5:120-3.2 - Standards of eligibility for zone boundary revisions
Universal Citation: NJ Admin Code 5:120-3.2
Current through Register Vol. 56, No. 18, September 16, 2024
(a) A qualified municipality shall be eligible to apply for a revision of the urban enterprise zone within that municipality when:
1. The area to be included within the
boundaries of the revised UEZ satisfies the criteria set forth in
5:120-3.6(a);
and
2. The expansion and
modification of the UEZ boundary:
i. Will
not, as based upon the original zone application by the municipality for
designation of a UEZ, significantly alter the percentage within the zone of:
(1) Unemployment;
(2) Persons below the poverty level;
or
(3) Persons receiving public
assistance; and
ii. Is
limited to include areas within the UEZ that will attract or permit the
creation of new businesses in the UEZ, although sites adjacent to existing
areas within the UEZ may be included to permit continuity of the
zone.
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